PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Short Interest Update

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 6,162 shares, a decrease of 40.1% from the April 30th total of 10,292 shares. Based on an average daily trading volume, of 112,880 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Stock Performance

NYSEARCA:HYS opened at $93.32 on Tuesday. The stock’s 50 day moving average price is $93.47 and its 200 day moving average price is $94.26. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a 52 week low of $92.29 and a 52 week high of $95.88.

Hedge Funds Weigh In On PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HYS. Financial Management Professionals Inc. grew its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 13.2% during the fourth quarter. Financial Management Professionals Inc. now owns 246,051 shares of the company’s stock valued at $23,483,000 after purchasing an additional 28,641 shares during the last quarter. Advisors Preferred LLC acquired a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the first quarter valued at approximately $2,518,000. Strategic Advocates LLC grew its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 31.7% during the fourth quarter. Strategic Advocates LLC now owns 76,100 shares of the company’s stock valued at $7,268,000 after purchasing an additional 18,309 shares during the last quarter. TD Private Client Wealth LLC grew its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 9.1% during the fourth quarter. TD Private Client Wealth LLC now owns 198,764 shares of the company’s stock valued at $18,847,000 after purchasing an additional 16,584 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 156.0% during the first quarter. Janney Montgomery Scott LLC now owns 25,996 shares of the company’s stock valued at $2,425,000 after purchasing an additional 15,842 shares during the last quarter.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Company Profile

The PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund aims to capture exposure to the short maturity segment of the high-yield corporate bond sector. HYS was launched on Jun 16, 2011 and is managed by PIMCO.